Oumaran's coffee shop belonged to his dad, and it was opened 10 years ago. He made the necessary changes to it, through decoration and changing most of the machines, equipment, chairs and tables.
He also added "Hooka" (bubble pipes) and a billiard table/pool game known by some, which helped a lot in attracting a new generation in addition to those who used to come when his dad was handling the business.
Oumran is requesting a loan from Al Majmoua-Kiva partner, in order to buy a refrigerator and a washing machine which are necessary for his business. He hopes to improve his business and open a bigger cafe with several new activities.
About Al Majmoua – Lebanese Association for DevelopmentThe Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.
Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.
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